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Holders Technology

AIM:HDT
Snowflake Description

Flawless balance sheet and undervalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
HDT
AIM
£1M
Market Cap
  1. Home
  2. GB
  3. Tech
Company description

Holders Technology plc, together with its subsidiaries, distributes special laminates and materials, equipment, and supplies for printed circuit board (PCB) industry in the United Kingdom, Germany, and internationally. The last earnings update was 15 days ago. More info.


Add to Portfolio Compare Print
  • Holders Technology has significant price volatility in the past 3 months.
HDT Share Price and Events
7 Day Returns
4.8%
AIM:HDT
1.9%
GB Electronic
-3.3%
GB Market
1 Year Returns
-5.7%
AIM:HDT
-8.3%
GB Electronic
-25%
GB Market
HDT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Holders Technology (HDT) 4.8% -26.7% -26.7% -5.7% -12% -15.4%
GB Electronic 1.9% -10.5% -19.1% -8.3% 19.7% 61.3%
GB Market -3.3% -19.5% -28.9% -25% -25.8% -24.1%
1 Year Return vs Industry and Market
  • HDT outperformed the Electronic industry which returned -8.3% over the past year.
  • HDT outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -25% over the past year.
Price Volatility
HDT
Industry
5yr Volatility vs Market

HDT Value

 Is Holders Technology undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Holders Technology to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Holders Technology.

AIM:HDT Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 7%
Perpetual Growth Rate 10-Year GB Government Bond Rate 0.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for AIM:HDT
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 6.1%
Electronic Unlevered Beta Simply Wall St/ S&P Global 1.09
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.093 (1 + (1- 19%) (0%))
1.062
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.06
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (1.062 * 6.07%)
6.98%

Discounted Cash Flow Calculation for AIM:HDT using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Holders Technology is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

AIM:HDT DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 6.98%)
2020 0.65 Est @ 83.33% 0.61
2021 1.04 Est @ 58.49% 0.91
2022 1.46 Est @ 41.1% 1.19
2023 1.88 Est @ 28.93% 1.44
2024 2.27 Est @ 20.41% 1.62
2025 2.60 Est @ 14.45% 1.73
2026 2.86 Est @ 10.27% 1.79
2027 3.07 Est @ 7.35% 1.79
2028 3.24 Est @ 5.3% 1.76
2029 3.36 Est @ 3.87% 1.71
Present value of next 10 years cash flows £14.00
AIM:HDT DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= £3.36 × (1 + 0.53%) ÷ (6.98% – 0.53%)
£52.43
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £52.43 ÷ (1 + 6.98%)10
£26.70
AIM:HDT Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £14.00 + £26.70
£40.70
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £40.70 / 4.22
£9.64
AIM:HDT Discount to Share Price
Calculation Result
Value per share (GBP) From above. £9.64
Current discount Discount to share price of £0.33
= -1 x (£0.33 - £9.64) / £9.64
96.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Holders Technology is available for.
Intrinsic value
>50%
Share price is £0.33 vs Future cash flow value of £9.64
Current Discount Checks
For Holders Technology to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Holders Technology's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Holders Technology's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Holders Technology's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Holders Technology's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:HDT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-11-30) in GBP £0.04
AIM:HDT Share Price ** AIM (2020-04-02) in GBP £0.33
United Kingdom of Great Britain and Northern Ireland Electronic Industry PE Ratio Median Figure of 22 Publicly-Listed Electronic Companies 16.68x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 748 Publicly-Listed Companies 12.47x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Holders Technology.

AIM:HDT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:HDT Share Price ÷ EPS (both in GBP)

= 0.33 ÷ 0.04

7.66x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Holders Technology is good value based on earnings compared to the GB Electronic industry average.
  • Holders Technology is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Holders Technology's expected growth come at a high price?
Raw Data
AIM:HDT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.66x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United Kingdom of Great Britain and Northern Ireland Electronic Industry PEG Ratio Median Figure of 11 Publicly-Listed Electronic Companies 1.01x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 522 Publicly-Listed Companies 0.98x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Holders Technology, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Holders Technology's assets?
Raw Data
AIM:HDT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-11-30) in GBP £0.99
AIM:HDT Share Price * AIM (2020-04-02) in GBP £0.33
United Kingdom of Great Britain and Northern Ireland Electronic Industry PB Ratio Median Figure of 34 Publicly-Listed Electronic Companies 1.69x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,323 Publicly-Listed Companies 1.08x
AIM:HDT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:HDT Share Price ÷ Book Value per Share (both in GBP)

= 0.33 ÷ 0.99

0.33x

* Primary Listing of Holders Technology.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Holders Technology is good value based on assets compared to the GB Electronic industry average.
X
Value checks
We assess Holders Technology's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. Holders Technology has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

HDT Future Performance

 How is Holders Technology expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Holders Technology has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
9.9%
Expected Electronic industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Holders Technology expected to grow at an attractive rate?
  • Unable to compare Holders Technology's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Holders Technology's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
  • Unable to compare Holders Technology's revenue growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
AIM:HDT Future Growth Rates Data Sources
Data Point Source Value (per year)
United Kingdom of Great Britain and Northern Ireland Electronic Industry Earnings Growth Rate Market Cap Weighted Average 9.9%
United Kingdom of Great Britain and Northern Ireland Electronic Industry Revenue Growth Rate Market Cap Weighted Average 4.4%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 15.6%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 2.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
AIM:HDT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:HDT Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-11-30 12 0 0
2019-08-31 12 0 0
2019-05-31 12 0 0
2019-02-28 12 0 0
2018-11-30 12 0 0
2018-05-31 13 0 0
2018-02-28 12 0 0
2017-11-30 12 0 0
2017-05-31 11 0 0
2017-02-28 11 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Holders Technology is high growth as no earnings estimate data is available.
  • Unable to determine if Holders Technology is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AIM:HDT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Holders Technology Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:HDT Past Financials Data
Date (Data in GBP Millions) EPS *
2019-11-30 0.04
2019-08-31 0.04
2019-05-31 0.04
2019-02-28 0.04
2018-11-30 0.04
2018-05-31 0.05
2018-02-28 0.03
2017-11-30 0.01
2017-05-31 -0.04
2017-02-28 -0.06

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Holders Technology will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Holders Technology is trading at Holders Technology'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Holders Technology's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Tech companies here
  3. Holders Technology's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Holders Technology's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Holders Technology has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

HDT Past Performance

  How has Holders Technology performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Holders Technology's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Holders Technology has delivered over 20% year on year earnings growth in the past 5 years.
  • Holders Technology's 1-year earnings growth is less than its 5-year average (7.1% vs 56.2%)
  • Holders Technology's earnings growth has exceeded the GB Electronic industry average in the past year (7.1% vs 6.9%).
Earnings and Revenue History
Holders Technology's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Holders Technology Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:HDT Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-11-30 12.16 0.18 3.31
2019-08-31 12.25 0.17 3.24
2019-05-31 12.33 0.15 3.18
2019-02-28 12.41 0.16 3.15
2018-11-30 12.49 0.17 3.12
2018-05-31 12.60 0.19 3.12
2018-02-28 12.41 0.12 3.13
2017-11-30 12.21 0.06 3.13
2017-05-31 10.82 -0.18 3.00
2017-02-28 10.76 -0.23 2.96
2016-11-30 10.70 -0.28 2.92
2016-08-31 11.38 -0.42 3.06
2016-05-31 11.38 -0.45 2.97
2016-02-29 11.29 -0.41 2.99
2015-11-30 11.20 -0.36 3.02
2015-08-31 11.60 -0.33 3.13
2015-05-31 12.00 -0.31 3.25
2015-02-28 12.74 -0.34 3.42
2014-11-30 13.48 -0.37 3.58
2014-08-31 13.88 -0.23 3.59
2014-05-31 14.29 -0.09 3.60
2014-02-28 14.28 0.00 3.51
2013-11-30 14.27 0.09 3.43
2013-05-31 12.59 0.06 3.28

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Holders Technology has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Holders Technology used its assets less efficiently than the GB Electronic industry average last year based on Return on Assets.
  • Holders Technology has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Holders Technology's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Holders Technology has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

HDT Health

 How is Holders Technology's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Holders Technology's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Holders Technology is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Holders Technology's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Holders Technology's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Holders Technology has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Holders Technology Company Filings, last reported 4 months ago.

AIM:HDT Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-11-30 4.16 0.00 0.73
2019-08-31 4.16 0.00 0.73
2019-05-31 4.14 0.00 0.67
2019-02-28 4.14 0.00 0.67
2018-11-30 4.10 0.00 0.40
2018-05-31 3.98 0.00 0.63
2018-02-28 3.98 0.00 0.63
2017-11-30 3.93 0.00 0.58
2017-05-31 3.83 0.00 0.37
2017-02-28 3.83 0.00 0.37
2016-11-30 3.86 0.00 0.78
2016-08-31 3.86 0.00 0.78
2016-05-31 3.90 0.00 0.73
2016-02-29 3.90 0.00 0.73
2015-11-30 3.87 0.00 0.44
2015-08-31 3.87 0.00 0.44
2015-05-31 4.22 0.00 0.51
2015-02-28 4.22 0.00 0.51
2014-11-30 4.49 0.00 0.63
2014-08-31 4.49 0.00 0.63
2014-05-31 4.78 0.00 0.73
2014-02-28 4.78 0.00 0.73
2013-11-30 5.05 0.00 1.29
2013-05-31 5.27 0.00 0.54
  • Holders Technology has no debt.
  • Holders Technology has not taken on any debt in the past 5 years.
  • Holders Technology has no debt, it does not need to be covered by operating cash flow.
  • Holders Technology has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Holders Technology's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Holders Technology has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

HDT Dividends

 What is Holders Technology's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.03%
Current annual income from Holders Technology dividends.
If you bought £2,000 of Holders Technology shares you are expected to receive £61 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Holders Technology's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.67%).
  • Holders Technology's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (7.36%).
Upcoming dividend payment

Purchase Holders Technology before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AIM:HDT Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Electronic Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 1.8%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 622 Stocks 6.1%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.4%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2.7%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 7.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

AIM:HDT Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2020-03-18 0.010 3.114
2020-03-16 0.010 2.986
2019-02-25 0.010 2.364
2019-02-22 0.010 2.381
2018-07-27 0.005 1.166
2018-04-06 0.005 1.169
2018-03-02 0.005 1.280
2017-07-28 0.005 1.465
2017-02-17 0.005 1.366
2017-02-16 0.005 1.220
2016-07-29 0.005 1.556
2016-02-12 0.005 1.692
2016-02-11 0.005 2.004
2015-07-24 0.005 1.593
2015-02-06 0.013 3.271
2014-07-25 0.020 4.750
2014-02-20 0.020 3.424
2013-07-26 0.020 3.198
2013-03-22 0.020 3.019
2013-03-18 0.020 2.973
2012-03-19 0.054 6.732
2012-02-14 0.054 4.905
2011-07-21 0.054 4.554
2011-02-10 0.054 4.457
2011-02-09 0.054 4.663
2010-05-28 0.054 5.671
2010-02-10 0.054 5.690
2009-07-20 0.054 7.173

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Holders Technology's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.3x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Holders Technology's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.4%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Holders Technology afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Holders Technology has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

HDT Management

 What is the CEO of Holders Technology's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Rudi Weinreich
COMPENSATION £22,000
AGE 73
CEO Bio

Mr. Rudolf Walter Weinreich, also known as Rudi, serves as an Executive Chairman and Chief Executive Officer at Holders Technology Plc. Mr. Weinreich has been responsible for all aspects of the business since he started it in 1972, particularly the assessment of new products and negotiating distributorship agreements. Mr. Weinreich serves as a Director of Holders Technology and previously served as its Executive Director until 1987.

CEO Compensation
  • Rudi's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Rudi's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the Holders Technology management team in years:

3.8
Average Tenure
59
Average Age
  • The tenure for the Holders Technology management team is about average.
Management Team

Rudi Weinreich

TITLE
Executive Chairman & CEO
COMPENSATION
£22K
AGE
73

Paul Kevin Geraghty

TITLE
Group Finance Director
COMPENSATION
£119K
AGE
59
TENURE
8.5 yrs

Victoria Blaisdell

TITLE
Group MD & Director
COMPENSATION
£158K
AGE
47

Mat Hanson

TITLE
Sales Director
TENURE
0.8 yrs

Alastair Rennick

TITLE
Managing Director of UK PCB Operations
TENURE
4.3 yrs

Frank van der Hulst

TITLE
Joint Managing Director of Holders Technology GmbH
TENURE
3.3 yrs
Board of Directors

Rudi Weinreich

TITLE
Executive Chairman & CEO
COMPENSATION
£22K
AGE
73

Paul Kevin Geraghty

TITLE
Group Finance Director
COMPENSATION
£119K
AGE
59

Victoria Blaisdell

TITLE
Group MD & Director
COMPENSATION
£158K
AGE
47

David Mahony

TITLE
Senior Non-Executive Director
COMPENSATION
£18K
AGE
75
TENURE
22.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
X
Management checks
We assess Holders Technology's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Holders Technology has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

HDT News

Simply Wall St News

Do You Know What Holders Technology plc's (LON:HDT) P/E Ratio Means?

The formula for price to earnings is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for Holders Technology: P/E of 11.08 = £0.45 ÷ £0.041 (Based on the trailing twelve months to November 2018.) Is A High P/E Ratio Good? … AIM:HDT Price Estimation Relative to Market, August 7th 2019 Its relatively low P/E ratio indicates that Holders Technology shareholders think it will struggle to do as well as other companies in its industry classification. … If the reality for a company is not as bad as the P/E ratio indicates, then the share price should increase as the market realizes this.

Simply Wall St -

The Holders Technology (LON:HDT) Share Price Has Gained 56% And Shareholders Are Hoping For More

Just take a look at Holders Technology plc (LON:HDT), which is up 56%, over three years, soundly beating the market return of 12% (not including dividends). … When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. … We note that for Holders Technology the TSR over the last 3 years was 64%, which is better than the share price return mentioned above.

Simply Wall St -

Why I Like Holders Technology plc (LON:HDT)

AIM:HDT Income Statement, June 26th 2019 Next Steps: For Holders Technology, I've compiled three relevant aspects you should look at: Future Outlook: What are well-informed industry analysts predicting for HDT’s future growth? … Take a look at our free research report of analyst consensus for HDT’s outlook. … The intrinsic value infographic in our free research report helps visualize whether HDT is currently mispriced by the market.

Simply Wall St -

Looking At Holders Technology plc (LON:HDT) From All Angles

For those interested in digger a bit deeper into my commentary, take a look at the report on Holders Technology here. … Take a look at our free research report of analyst consensus for HDT’s outlook. … The intrinsic value infographic in our free research report helps visualize whether HDT is currently mispriced by the market.

Simply Wall St -

Should You Be Adding Holders Technology (LON:HDT) To Your Watchlist Today?

View our latest analysis for Holders Technology How Fast Is Holders Technology Growing Its Earnings Per Share? … Over the last three years, Holders Technology has grown earnings per share (EPS) like young bamboo after rain; fast, and from a low base. … So we're pleased to report that Holders Technology insiders own a meaningful share of the business.

Simply Wall St -

Shareholders Should Look Hard At Holders Technology plc’s (LON:HDT) 4.3% Return On Capital

Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Holders Technology: 0.043 = UK£184k ÷ (UK£5.7m - UK£1.4m) (Based on the trailing twelve months to November 2018.) So, Holders Technology has an ROCE of 4.3%. … Do Holders Technology's Current Liabilities Skew Its ROCE? … Due to the way ROCE is calculated, a high level of current liabilities makes a company look as though it has less capital employed, and thus can (sometimes unfairly) boost the ROCE.

Simply Wall St -

Some Holders Technology (LON:HDT) Shareholders Are Down 33%

At this point some shareholders may be questioning their investment in Holders Technology plc (LON:HDT), since the last five years saw the share price fall 33%. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … During five years of share price growth, Holders Technology moved from a loss to profitability.

Simply Wall St -

Read This Before You Buy Holders Technology plc (LON:HDT) Because Of Its P/E Ratio

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … We'll look at Holders Technology plc's (LON:HDT) P/E ratio and reflect on what it tells us about the company's share price. … How Do I Calculate A Price To Earnings Ratio

Simply Wall St -

Shareholders Should Look Hard At Holders Technology plc’s (LON:HDT) 4.5% Return On Capital

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … What is Return On Capital Employed (ROCE)? … How Do You Calculate Return On Capital Employed?

Simply Wall St -

An Examination Of Holders Technology plc (LON:HDT)

In the case of Holders Technology plc (LON:HDT), there's. … is a company that has been able to sustain great financial health, trading at an attractive share price. … report on Holders Technology here

Simply Wall St -

HDT Company Info

Description

Holders Technology plc, together with its subsidiaries, distributes special laminates and materials, equipment, and supplies for printed circuit board (PCB) industry in the United Kingdom, Germany, and internationally. It operates through PCB and LED segments. The company also distributes LED-related components, and lighting products and lighting solutions for the lighting industry. Holders Technology plc was founded in 1972 and is based in London, the United Kingdom.

Details
Name: Holders Technology plc
HDT
Exchange: AIM
Founded: 1972
£1,393,974
4,224,164
Website: http://www.holderstechnology.com
Address: Holders Technology plc
27-28 Eastcastle Street,
London,
Greater London, W1W 8DH,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM HDT Ordinary Shares London Stock Exchange AIM Market GB GBP 02. Jan 1992
Number of employees
Current staff
Staff numbers
52
Holders Technology employees.
Industry
Technology Distributors
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/02 20:56
End of day share price update: 2020/04/02 00:00
Last earnings filing: 2020/03/18
Last earnings reported: 2019/11/30
Last annual earnings reported: 2019/11/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.